Zimplats’ production increases 3% q/q
31st October 2019
By: Tasneem Bulbulia
Creamer Media Reporter
Zimbabwean platinum group metals (PGMs) miner Zimplats, in which JSE-listed Impala Platinum holds an 87% interest, increased its production of platinum, palladium, rhodium, ruthenium, iridium and gold (6E) PGMs by 3% quarter-on-quarter for the quarter ended September 30.
6E production for the period was 151 458 oz.
6E metal-in-matte production benefited from higher mill volumes. Mined and milled tonnages increased by 7% and 9%, respectively, quarter-on-quarter.
Operating cash costs per platinum ounce increased by 2% quarter-on-quarter.
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